Telecomunicazioni
LINK Mobility Group ASA: Financial Report First Quarter 2018
The adjusted EBITDA is reported at NOK 51 million , an increase of NOK 34 million versus same quarter last year. The adjusted EBITDA margin is reported at 10.9 percent, an increase of 3.6 percentage points compared to the same quarter last year mainly due to scale advantages. LINK has a scalable business model whereby OPEX does not increase in relativity to revenue and gross margin.
The financial position is good, with a cash position of NOK 247 million . LINK has no plans to raise new equity except for future acquisitions settled partly in LINK shares.
"Another strong quarterly performance from LINK during a traditionally low season for our mobile messaging and solutions services. We have more than doubled the revenues from a year ago and we have strongly improved the profitability at the same time. It is also satisfying to see that we have a long list of new customers on their way in, and happy to state that we signed 658 new contracts during the quarter, taking the total number of LINK customers to 17 000. This quarter really cemented LINK´s stellar growth profile in a market that is growing." Says Arild Hustad, CEO of LINK.
The quarterly results will be presented at 10.00 a.m. at Thon Hotel Vika Atrium by CEO Arild Hustad and CFO Thomas Berge . The presentation will also be directly broadcasted through a webcast. The presentation and subsequent Q&A session will be held in English and viewed at hegnarTV at the following link;
http://webtv.hegnar.no/presentation.php?webcastId=83485300
Arild Hustad ,
CEO
LINK Mobility Group ASA
arild.hustad@linkmobility.com
Mob: +47-95-24-19-30
IR Contact
Thomas Berge ,
CFO
LINK Mobility Group ASA
thomas.berge@linkmobility.com
Mob: +47-41-31-90-28
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http://news.cision.com/link-mobility-group-asa/r/link-mobility-group-asa--financial-report-first-quarter-2018,c2516687
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